Despite Daily Journal's stock rise, its inconsistent financials, low ROE, and low earnings growth could impact share price momentum. The company's decision to retain all profits hasn't resulted in significant earnings growth, suggesting investors may not benefit from this reinvestment. Caution is advised due to these factors.
Throughout his life, investment master Charlie Munger has made many successful investments, each of which embodies his powerful investment value system. The first classic investment case is See's Candies, which symbolizes Munger's investment methodology from "cigar butt investing" to "value investing". In 1972, Buffett and Munger purchased California's largest candy manufacturer for $25 million. At the time, the company had an annual revenu...
Daily Journal, a company owned by Charlie Munger, partner of Warren Buffett and vice chairman of Berkshire Hathaway, had its position in US stocks hiked by 6.7% quarter-on-quarter to US$174 million, as of the end of the fourth quarter of last year, among which no reduction in Alibaba's stakes was found, as revealed by the regulatory document. As of the end of last quarter, Daily Journal's largest holding was in$美国银行(BAC.US)$, followe...
$每日期刊(DJCO.US)$it’s really no shock that Charlie Munger’s Daily Journal cut its$阿里巴巴(BABA.US)$stake by half. Munger has not commented just yet. If it were me, I would have sold the full position a long time ago. The downtrend still isn’t over yet, with plenty of uncertainty left.$伯克希尔-A(BRK.A.US)$$伯克希尔-B(BRK.B.US)$
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HZXS :
The selling started since beginning this year. Hence pushing down the price. Who knows they will start buying back at low price.
GNRForever :
Such a ridiculous post on $阿里巴巴 (BABA.US)$ , it is insulting … papers hands are leaving … this will be 3x in less than a year … relative risk is gone and you are beating a dead horse without researching … China is going to close the audit gap
Buffettttttt楼主GNRForever:
I haven't researched in depth but I currently think baba is a high risk stock, I just think there's a lot of uncertainty, but the future trend I don't think we can predict
Daily Journal Corp ($每日期刊(DJCO.US)$), the publishing and software company where Warren Buffett's business partner Charlie Munger helps oversee investments and until recently was chairman, on Monday said it halved its investment in Chinese e-commerce giant$阿里巴巴(BABA.US)$. Goodbye Baba, nice knowing ya.
$每日期刊(DJCO.US)$The latest Tweet by Bloomberg states, 'Charlie Munger, the 98-year-old investor who’s a business partner of Warren Buffett, is giving up his chairman title at the Daily Journal and donating $1 million of stock to create an equity-incentive plan ...’ $阿里巴巴(BABA.US)$$伯克希尔-A(BRK.A.US)$$伯克希尔-B(BRK.B.US)$
1. Munger almost doubled$每日期刊(DJCO.US)$Daily Journal's investment in$阿里巴巴(BABA.US)$$阿里巴巴-SW(09988.HK)$Alibaba based on the latest disclosure. Alibaba is now 28% of Daily Journal's portfolio value. This is one big bet on probably the most targeted company in China right now. Opinions were split if this was a right move among the investors. 2. Why did Munger believe in China to such a degree? There could be ...
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MooChng :
You forgot to mention that he attributes China's success to LKY and Singapore... and Alibaba has huge vested interest in Singapore with ownership in Lazada and if I'm not wrong SingPost too.
According to a Tuesday with the Securities and Exchange Commission, Daily Journal owned 602,060 shares of Alibaba as of the end of 2021, a stake worth $71.5 million. That's almost double its , when Daily Journal owned 302,060 Alibaba shares, valued at the time at $44.7 million. Source: CNN $每日期刊(DJCO.US)$$阿里巴巴(BABA.US)$$阿里巴巴-SW(09988.HK)$
每日期刊股票讨论区
The first classic investment case is See's Candies, which symbolizes Munger's investment methodology from "cigar butt investing" to "value investing".
In 1972, Buffett and Munger purchased California's largest candy manufacturer for $25 million. At the time, the company had an annual revenu...
As of the end of last quarter, Daily Journal's largest holding was in $美国银行(BAC.US)$ , followe...
Goodbye Baba, nice knowing ya.
bigger acquisition than BABA coming up?
$阿里巴巴(BABA.US)$ $伯克希尔-A(BRK.A.US)$ $伯克希尔-B(BRK.B.US)$
2. Why did Munger believe in China to such a degree? There could be ...
Source: CNN
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$每日期刊(DJCO.US)$ $腾讯控股(00700.HK)$ $京东(JD.US)$ $拼多多(PDD.US)$ $伯克希尔-B(BRK.B.US)$ $亚马逊(AMZN.US)$ $Shopify(SHOP.US)$
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